Apollo Invests $175 Million in Summit Ridge Energy For Community Solar Projects Updated On Thu, Jul 14th, 2022 by Saurenergy Global conglomerate Apollo Global Management has revealed that it will be making an investment worth $175 million in Summit Ridge Energy, a leading owner-operator of community solar assets. Since it came into being in 2017, Summit Ridge has formed two joint ventures totaling more than $1 billion in permanent project capital. It has also expanded […] Read more
Offshore Wind Energy To Cost The Cheapest In UK Now Updated On Tue, Jul 12th, 2022 by Saurenergy The biggest ever renewable energy auction in the United Kingdom is bearing fruit for the people and industry as the prices of the offshore wind power, just the second day post auction, has dropped to its cheapest level in the country’s history. Now, the power from fresh auctions will be sold for a mere £37.35 […] Read more
In a First For the US, Wind And Solar Energy Generate More Power Than Nuclear Updated On Mon, Jul 11th, 2022 by Saurenergy Data from SUN DAY Campaign analysis of the Energy Information Administration (EIA) has revealed that the wind and solar energy sources produced 17.96 per cent more power than nuclear power plants in the USA. It is for the first time that the United States produced more solar and wind energy than nuclear in the country’s […] Read more
Germany Looks At Rapid Renewable Energy Expansion Updated On Fri, Jul 8th, 2022 by Saurenergy The German government is looking to come up with a major package of reforms that would give speed to renewable power generation. Speaking in a renewable energy industry event, German Chancellor Olaf Scholz has said that his government wants to end supplies of fossil fuels from Russia considering its armed conflict with Ukraine. The European […] Read more
Growing Prices Will Have No Effect On EV Adoption Updated On Fri, Jul 8th, 2022 by Saurenergy In this conversation with SaurEnergy, Anand Kabra, Vice-Chairman and MD of Kabra ExtrusionTechnik Limited, whose EV vehicles and storage division, Battrixx, has grown at a staggering rate in FY ’22, talks about the firm’s plans and market in India. Battrixx, founded in 2018, is a division of Kabra Extrusion Technik Ltd, which belongs to the […] Read more
Grid-Scale Energy Storage Systems Are The New Evolution for Energy Sector Updated On Wed, Jul 6th, 2022 by Saurenergy In the next decade, Energy Storage Systems (ESS) is tipped to make its mark in the power industry. The most recent standalone ESS tenders from Solar Energy Corporation of India and NTPC are poised to increase capacity and augment the growth of the regional ecosystem. India’s goals for renewable energy will depend heavily on […] Read more
Germany Puts A Stop To Landmark Renewables Levy On Consumer Power Prices Updated On Tue, Jul 5th, 2022 by Saurenergy Starting 1 July 2022, people will not have to pay from their own pockets directly via power bills for renewable energy generation in Germany, but from a state fund. This levy, that often accounted for one fifth of the consumer power price and 3.7 cents per kilowatt-hour, was paid for by households and businesses through […] Read more
Nuclear Power Can Catalyse Transition To Energy Systems Dominated By Renewables, Says IEA Updated On Tue, Jul 5th, 2022 by Saurenergy As per a report by IEA, nuclear power has the potential to enable countries to move towards energy systems that are dominated by renewables. The report states that countries that are accelerating their nuclear power or continuing its use stand to benefit as it nuclear power reduces dependence on imported fossil fuels, reduce carbon dioxide […] Read more
Kinetic Green Energy And Cholamandalam Sign Pact To Finance EVs Updated On Mon, Jul 4th, 2022 by Saurenergy Pune based EV manufacturer Kinetic Green Energy on July 4 announced that the buyers can finance their EVs with Cholamandalam Investment and Finance Company, Chennai-based Murugappa Group’s financial services arm. Both the companies having entered into an agreement, under which the customers can avail themselves of getting the EVs financed by Chola. Kinetic manufactures both electric […] Read more
